Investor Lawsuit Against Elon Musk and Tesla Goes to a Jury
The case centers on whether investors lost money because they believed Mr. Musk’s social media posts about taking Tesla private in 2018.
Ford’s simplified EVs, tax-credit price cap clarity, small VW EV for US: Today’s Car News
Shoppers get some clarity on tax-credit price caps and SUVs like the Tesla Model Y. Volvo aims more EVs for China. VW reportedly approved a smaller EV for the U.S. And Ford is aiming to keep it simple and scale up with its EVs. Sound familiar? This and more, here at Green Car Reports. Ford CEO Jim Farley on Thursday revealed that the company will... How to Get Government Aid to Ditch Fossil Fuels
Americans can get tax credits to go electric, but only if they have cash upfront. Other countries have programs, too.
Treasury lifts EV tax credit confusion over SUV price cap
The U.S. Treasury Department on Friday announced an update on how vehicles will qualify as a car or an SUV under the revamped EV tax credit, now known as the clean vehicle tax credit. For EV shoppers it’s good news, as it will clear up a confusing and seemingly arbitrary dividing line in which some versions of certain models—like the... Report: Small VW EV, battery plant considered for North America
Volkswagen has approved an EV slotting below the ID.4 for the North American market, and it's considering a battery plant in Ontario, according to German business daily Handelsblatt. The report notes five recent entries in the Canadian province's Registry of Lobbyists for VW, including one that mentions CEO Oliver Blume, who last year said that... Broader Volvo EV push reportedly adds SUVs, sedans, luxury van
Volvo is planning to expand its EV lineup at the behest of parent company Geely, Reuters reported Thursday. The automaker plans to launch six new EVs through 2026, according to the report, which cites two anonymous sources with knowledge of Volvo's product plans. Volvo was already no slouch in the transition. It was one of the first brands to... Ford CEO: Future EVs will be “radically simplified,” use smaller batteries
Ford CEO Jim Farley has already upped F-150 Lightning production to 150,000 a year, and he’s pressing production of its Mustang Mach-E toward 200,000 a year, effectively reengineering it along the way. At the same time, this ramp has been part of a heavy lift at Ford—literally airlifts of parts at times—that’s costing the... Mapping federal charging network, EV charging tax, Mazda on EV range: Today’s Car News
A group helps map out the federal EV charging network. Kansas looks at taxing charging. And will EV range keep getting longer as batteries improve? This and more, here at Green Car Reports. Will future EVs keep offering longer range than previous models? Consider the CEO of Mazda in the U.S. as among many executives who aren’t planning on... Ford Said Sales in January Increased 2%
The company’s deliveries of electric vehicles more than doubled, compared with the same month a year earlier.
Mazda US boss: Longer-range EVs aren’t the future
Jeffrey Guyton, the president and CEO of Mazda USA, isn’t sold on the EV range race. Guyton told Green Car Reports at the 2024 Mazda CX-90 reveal that while electric vehicle buyers today are looking for 300 miles of range, the future's not ever-longer range. Consumers will find they don’t really need even that much, he said...